Crypto

Ethereum shows 4 rebound signals despite pullback, $2,086 support under test

Ethereum fell about 1 percent over 24 hours on April 7, but an analysis said four technical, derivatives and on-chain indicators suggest a possible rebound. These include a potential EMA crossover, bullish divergence on the RSI, rising open interest alongside more negative funding rates indicating new shorts, and whale wallets outside exchanges increasing holdings. The analysis said the rebound depends on key price levels, including $2,116 and resistance at $2,172.

Crypto

Wars around the world; gold and stocks fall, bitcoin and ethereum hold up

Bitcoin and ethereum posted higher returns than gold, silver and major stock indexes in March as tensions between the United States and Iran escalated, according to Binance Research cited by Cryptopolitan. Bitcoin rose about 1 percent and ether about 6 percent after the Middle East conflict began, while the S&P 500 and SOXX fell. The report cited 24-hour trading and institutional demand, and said total crypto market value rose to $2.39 trillion.